India’s Top 10 Richest People 2014

There are hundreds of billionaires around the globe and 61 of them belong to the 2nd most populous country in the world, India. Below is the list of top 10 most richest person in India 2014 which includes the names of business tycoon such as Mukesh Ambani, Lakshmi Mittal and Dilip Shangvi etc.

Mukesh Ambani:-

Mukesh Dhirubhai Ambani is an Indian business magnate who is the Chairman, Managing Director and largest shareholder of Reliance Industries Limited, a Fortune Global 500 company and India’s second most valuable company by market value.

Net Worth: $22.3 Billion

Born: April 19, 1957 (age 56), Aden, Yemen

Spouse: Nita Ambani (m. 1984)

Siblings: Anil Ambani, Nina Kothari, Deepti Salgaonka

Parents: Kokilaben Ambani, Dhirubhai Ambani

Children: Akash Ambani, Anant Ambani, Isha Ambani

Structures: Antilia

Lakshmi Mittal:-

Lakshmi Niwas Mittal is a London-based Indian steel magnate. He is the chairman and CEO of ArcelorMittal, the world’s largest steelmaking company.His ArcelorMittal is still the world’s biggest steel company, but it is weighed down amid supply glut and heavy debts ($16 billion). Mittal put one of three houses he owns on London’s billionaires’ row up for sale.

Net Worth: $20.7 Billion

Born: June 15, 1950 (age 63), Rajgarh, India

Nationality: Indian

Spouse: Usha Mittal

Education: St. Xavier’s College, Calcutta (1969)

Children: Vanisha Mittal, Aditya Mittal

Awards: Padma Vibhushan

Azim Premji:-

Azim Hashim Premji is an Indian business tycoon and philanthropist who is the chairman of Wipro Limited, guiding the company through four decades of diversification and growth to emerge as one of the Indian leaders in the software industry.

Net Worth: $15.9 Billion

Born: July 24, 1945 (age 68), Karachi

Spouse: Yasmeen Premji

Parents: M.H. Hasham Premji

Education: St. Mary’s School, Mumbai, Stanford University

Awards: Faraday Medal

Children: Rishad Premji, Tariq Premji

Savitri Jindal & family:-

Once Asia’s richest woman Savitri Jindal’s fortune is down by close to $10 billion since 2010, amid continuing problems plaguing OP Jindal Group, founded by her late husband. Shares of Jindal Steel & Power, family’s biggest asset, tumbled when youngest son, Naveen, who runs it, got charged by the Central Bureau of Investigation in a coal mining scandal in June; he denied any wrongdoing. Company halted work in August at two power plants being built in eastern India at cost of $2 billion, following death threats from Maoist rebels. Son Sajjan reportedly plans to sell U.S. steel mill to reduce debt at JSW Steel.

Sunil Bharti Mittal (born 23 October 1957) is an Indian entrepreneur, philanthropist and the founder, chairman and Group CEO of Bharti Enterprises, which has interests in telecom, retail, financial services, and agri business. The Group flagship Bharti Airtel, with operations in 20 countries across Asia and Africa and a customer base of over 275 million, is India’s largest telecom company and world’s fourth largest mobile operator. Bharti Airtel clocked revenues of over USD 14.5 billion in FY2013. In 2007, he was awarded the Padma Bhushan, India’s third highest civilian honor.

Net Worth: $8.1 Billion

Age: 56

Source of Wealth: telecom, self-made

Residence: New Delhi, India

Country of Citizenship: India

Education: Bachelor of Arts / Science, Punjab University

Marital Status: Married

Children: 3

Kumar Mangalam Birla:-

Kumar Mangalam Birla is an Indian industrialist and the Chairman of the Aditya Birla Group, one of the largest conglomerate corporations in India. The groups is India’s third largest business house.

Net Worth:$8 Billion

Born: June 14, 1967 (age 46), India

Parents: Aditya Vikram Birla

Spouse: Neerja Birla

Awards: “Young Achiever Award”, more

Education: London Business School, University of Mumbai, H.R. College of Commerce and Economics

Anil Ambani:-

Anil Ambani is back in business with his older brother Mukesh (India’s richest person) 8 years after nasty split resulted in divvying up the family assets. In June his debt-laden telecom arm Reliance Communications struck a $2.1 billion deal to lease telecom towers to Mukesh’s Reliance Jio Infocomm, which is preparing to roll out 4G services. In August he and his wife, Tina, were summoned by a special court to depose as witnesses in a case involving the improper allocation of 2G telecom licenses; case is ongoing.

Net Worth: $7.8 Billion

Age: 54

Source of Wealth: diversified, inherited and growing

Residence: Mumbai, India

Country of Citizenship: India

Education: Bachelor of Arts / Science, University of Bombay; Master of Business Administration, University of Pennsylvania Wharton School

Marital Status: Married

Children: 2

Dilip Shanghvi:-

Dilip Shanghvi is the founder and managing director of Sun Pharmaceutical Industries Limited. Sun Pharma was founded in 1983 and it is currently the second-largest drugmaker in India.

Net Worth: $7.4 Billion

Age: 58

Source of Wealth: pharmaceuticals, self-made

Residence: Mumbai, India

Country of Citizenship: India

Education: Bachelor of Arts / Science, Calcutta University

Marital Status: Married

Children: 2

Shashi & Ravi Ruia:-

Brothers Shashi and Ravi Ruia’s $39 billion (revenues) Essar Group faced a setback recently when its Essar Steel got a rating downgrade to “default” status even as it was in midst of borrowing close to $1 billion. Brothers are investing $260 million of their own money in the steelmaker. Seeking to professionalize and beef up top ranks, they have hired senior executives in key positions lately. London-listed Essar Energy plans to sell its 49% stake in a Kenyan refinery it found unviable to upgrade. Brothers meanwhile are looking to unload one of their Delhi mansions for over $25 million.

Net Worth: $7 Billion

Source of Wealth: diversified, inherited and growing

Residence: Mumbai, India

Country of Citizenship: India

Kushal Pal Singh:-

Kushal Pal Singh Teotia or K.P. Singh is an Indian real estate mogul and the chairman and CEO of DLF Limited, India’s largest real estate developer.